Dividend 15 Split Corp T.DFN

Alternate Symbol(s): DFNPF | T.DFN.PR.A | DVSPF

Financial Services Asset Management

Dividend 15 Split Corp. is a Canada-based mutual fund, which invests primarily in a portfolio of dividend yielding common shares, which includes approximately 15 Canadian companies. It offers two types of shares, including Preferred shares and Class A shares. Its investment objectives with respect to Preferred Shares are to provide holders with fixed cumulative preferential monthly cash dividends in an amount of $0.04583 per Preferred share to yield 5.5% per annum on the $10 repayment amount and to return the $10 repayment amount to their holders on the termination date. Its investment objectives with respect to Class A Shares are to provide holders with regular monthly cash distribution targeted to be $0.10 per Class A share and return the original issue price to their holders on the termination date. The net asset value per unit must remain above the required $15 per unit threshold for distributions to be declared. Its investment manager is Quadravest Capital Management Inc.

TSX:DFN - Post by User

Dividend 15 Split Corp

Bullboard Posts

Post by charmed3timeron Jan 29, 2016 7:18pm

954 Views

Post# 24507652

DFN provides huge opportunities

This stock has huge and epic irrational meltdowns, and all the stops get triggered and down down she goes, but if you are nimble enough it will afford you incredible opportunities to buy a huge yield and substantial capital gain.

the 15 underlying companies of DFN are never going bust.

In the past 2 years or so, I witnessed DFN crash on 2 separate occasion (prior to this current crash) and both times DFN rebounded and recovered sharply shortly thereafter

And it was for this reason that I was quietly adding to my position during the last meltdown.

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